Efficient State-Owned Enterprises Will Boost Eswatini’s Economic Growth

© Unsplash/S’mile Vilakati – La capitale d’Eswatini, Mbabane. MBABANE, Eswatini, 08 August 2023-/African Media Agency(AMA)/Restructuring key State-Owned Enterprises (SOEs) in Eswatini will create new opportunities for the private sector and accelerate economic growth, says a World Bank report released today. Making SOEs more efficient will reduce their reliance on public funding and boost private sector-led […]
STARZPLAY partners with TPAY for Mobile Payments

DUBAI, United Arab Emirates, August 7, 2023 -/African Media Agency(AMA)/- In an exciting collaboration, STARZPLAY, one of the region’s top three subscription video-on-demand (SVOD) services, has announced a strategic partnership with TPAY, the leading payments provider in the Middle East, Turkey, and Africa (META). With this partnership, customers will be able to make their subscription payments […]
How urbanization and climate change exacerbate the risk of flooding in Mauritania, according to the World Bank

NOUAKCHOTT, Mauritania, 04 August 2023-/African Media Agency(AMA)/-According to the sixth edition of the World Bank’s Economic Update on Mauritania, the country continues to recover from the economic and social impacts of the COVID-19 pandemic, with economic growth increasing from 2.4% in 2021 to 5.2% in 2022. However, Mauritania still faces multiple challenges and is vulnerable […]
New Partnership In The Hospitality Sector In Gabon

Libreville, Gabon, August 3rd, 2023 -/African Media Agency(AMA)/ – The Fonds Gabonais d’Investissements Stratégiques (FGIS), its subsidiaries Façade Maritime du Champ Triomphal (FMCT), an urban development company, Luxury Green Resorts (LGR), a Gabonese tourism operator, on one hand, and the Kasada group, on the other hand, signed a partnership agreement on August 2nd, 2023, to develop hotels […]
African Fintech and Web3 Leaders to Convene at the Africa Money and DeFi Summit in Ghana

Over 500 delegates, 250 companies and 75 speakers to connect in Accra, Ghana for the two-day summit focused on driving investments forward and fostering collaborations within the African Fintech and Web3 ecosystems Panel session at the Africa Money & DeFi Summit West Africa 2022 ACCRA, Ghana, 3 August 2023 -/African Media Agency(AMA)/-The Africa Money and DeFi […]
World Bank Supports Ethiopia to Expand Access to Education and Nutrition Services, Boost Resilience, and Build Social Cohesion

ADDIS ABABA, Ethiopia, 02 August 2023-/African Media Agency(AMA)/The Government of Ethiopia and the World Bank have signed a financing agreement for the Human Capital Operation (HCO), a program aimed at addressing Ethiopia’s poor nutrition and low learning outcomes. With a budget of $400 million, this program is set to make a significant impact on the lives […]
Somalia’s Institutions get a Boost to Help Bring the Country Closer to Debt Relief

NAIROBI, KENYA, 01 August 2023-/African Media Agency(AMA)/-Somalia’s efforts toward building strong institutions received a boost with a new $75 million grant, the second in a series of two grants that is helping the country make progress on its path to qualify for full and irrevocable debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative. […]
ECOWAS Member States Experts Commit to Increased Collaboration, Cooperation and Partnership in the Fight Against Trafficking In Persons and Other Related Crimes in the Region.

ACCRA, Ghana, July 31, 2023 -/African Media Agency (AMA)/The ECOWAS Regional Network of National Focal Institutions Against Trafficking in Persons Plus (RNNI-TIP+) commits to increased collaboration, cooperation and partnership in the fight against trafficking in persons and other related crimes in the region. The Group strongly called for the passage of legislation by all Member […]
Russian companies, including SIBUR, implement carbon offset projects

MOSCOW, Russia, 28 July 2023 -/African Media Agency (AMA)/- As the Russia-Africa summit unfolds in St. Petersburg this week, discussions are actively addressing critical global issues, such as food security and climate change, which can only be solved through a collaborative effort by many countries. Russian petrochemical company SIBUR presented its climate strategy at the Russia-Africa summit […]
Mali: Strengthening Financial Resilience to Recurrent Droughts

Photo: Vincent Tremeau, World Bank BAMAKO, Mali, July 28, 2023 -/African Media Agency (AMA)/-Recurrent droughts have altered the characteristics and composition of Mali’s vegetation. Pastoralists and agro-pastoralists that are typically found in the arid and semiarid areas in the north, where rainfall is less than 400 mm per year, are especially vulnerable to the impact […]